Hong Kong Dollar Rates in Moga

The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.

Hong Kong Dollar exchange rates today in Moga are not really easy to find on any website. But not anymore…Live and real time Hong Kong Dollar exchange rates today in Moga are now available on BookMyForex for currency exchange. BookMyForex also allows you to lock-in the live Hong Kong Dollar exchange rates today in Moga to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as “today’s HKD rate in Moga”, which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called “today’s HKD rate in Moga” because the forex dealers have to keep high margins to avoid any losses on account of HKD price fluctuation in the global market. So the concept of “today’s HKD rate in Moga” is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.